Item 1. Legal Proceedings
Item 1. Legal
Proceedings
The Company knows of no
material pending legal proceedings to which the Company or its Subsidiaries are a party or of which any of its properties, or the
properties of its Subsidiaries, are the subject. In addition, the Company does not know of any such proceedings contemplated by
any governmental authorities.
The Company knows of no
material proceedings in which any of the Company’s directors, officers or affiliates, or any registered or beneficial stockholder
is a party adverse to the Company or its Subsidiaries or has a material interest adverse to the Company or its Subsidiaries.
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